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standardization

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Erin Hunt Arnold

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Q: What following methods helps speed up the distribution of goods?
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What methods helps speed up the distribution of goods?

standardization


Define economics using the following terms allocation distribution goods resources production and services?

I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.


Which of the following statements best explains how using a production possibilities frontier helps setup efficient production?

A PPF shows the maximum amount of goods that can be produced with a given set of inputs


Why is economics sometimes called the science of choice?

its because of lionel robbins definition of economics its called a science of choice. understanding the fact-resources are scarce and demand for goods is unlimited. for resource allocation we need to choose, for the method of production we need to choose, for distribution of finished goods we need to choose, thus right from the start economics is a science that helps us to make the more practical choice.


Which of th following goods would be likely to be bought in the same quantity even if it doubled in price?

I wasn't able to see what goods that you were talking about, but it is anything that has inelastic demad. i.e. the reactiveness of demand to a change in price. This would include things that we cannot live without, and those which we get addicted to e.g. petrol, alcohol, tobacco. Hope that helps!

Related questions

Which of the following methods helps speed up distribution of goods?

Standardization


What methods helps speed up the distribution of goods?

standardization


Define economics using the following terms allocation distribution goods resources production and services?

I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.


What helps speed up the distribution of goods?

A) touch typing b) assembly line c) ripple effect d) standardization


What are the advantages of traditional education?

It helps in the following methods- face to face interaction increases understanding capability increases memory power


Explain the role and importance of distribution channels and just in time management?

Distribution is how goods and services actually get from the producer to the final user. In a business plan it is commonly known as the distribution channel and physical distribution. The distribution channel is the legal or contractual elements of how a product or service gets from production to the end user. A distribution channel is important for understanding the logistics of the business. It helps in the managing, planning, procurement, transporting, and storage of products. Just-in-time managment is having the products available for display and sale shortly before they're required. This helps reduce storage costs.


How do countries respond to the unequal distribution of resources?

The science of economics helps countries cope with the unequal distribution and scarcity of resources.


How do countries respond to unequal distribution of resources?

The science of Economics helps countries cope with the unequal distribution and scarcity of resources.


Which of the following statements best explains how using a production possibilities frontier helps setup efficient production?

A PPF shows the maximum amount of goods that can be produced with a given set of inputs


What is an industry that helps people but does not produse goods?

Healthcare -- if you don't consider good health 'goods.'


What does delivery instructions mean?

It means 1 being delivered 2 a periodical distribution of lettersor goods etc 3 the manner of delivering a speech 4 the manner of bowling or sending a ball in cricket etc I hope this helps you


What are the uses of statistics in accountancy?

statistic in accountancy helps in knowing the financial position of the business...it also helps in knowing the amount of goods sold ,purchase of the goods and profits of the company...